Land Measuring 2500sqm In A Strategic Location
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Property Description
Property Description
Location: Magodo Phase 2, Shangisha Estate, Lagos
Size: 2,500sqm
Title: Certificate of Occupancy (C of O)
This prime parcel of land is strategically located in the prestigious Magodo Phase 2, Shangisha Estate --- a fully developed and highly sought-after residential and commercial hub in Lagos. The property requires piling, making it suitable for high-rise development, luxury apartments, mixed-use projects, or other premium real estate ventures.
Value: ₦1.5 Billion
Proposal: Open
Sharing: 50:50
Premium: Nil
Facilitator's Fee: 10%
This is a rare opportunity to key into a high-value development project in one of Lagos' most exclusive neighborhoods.
Property Details
| Property Ref: 3068345 | Last Updated: 01 Sep 2025 | Market Status: Available |
| Type: Land |
Interesting Facts
Magodo was originally designed as a Government Residential Area (GRA) for government employees. It is now considered an upscale neighbourhood, with residents from both the middle and upper classes. Living in Magodo gives access to all of the 'good stuff' in Ikeja, such as business and employment opportunities.
Leisure and Shopping
A residential area won't be complete without befitting places to shop for groceries and other household needs.
Popular Estates
Magodo is always highly recommended when looking for residential areas in Lagos. Many Lagosians visit this 'Holy Ground' on a regular basis to stay in the estates available. Unilag Estate is owned by the University of Lagos co-operative, and many of its staff own homes there.
Day Life
Ziggies Lifestyle Arena is a Resort Hotel in Magodo. The restaurant serves a variety of local and continental cuisines. Luglow Essence is a nail salon, wellness centre, and spa. Massages, facials, pedicures, and manicures are all available.
Night Life
Magodo is a great place to unwind after a long day at work. The top floor of Paradox Bar and Grill offers a bird's eye view of the expressway. District 10 is a hip, low-key club with a live band and an excellent DJ.
Schools
Lagos Cambridge School is a sixth-form college that prepares students for effective and high-quality international education. Lolad School provides children with entrepreneurial skills such as fish farming, soap making, hairdressing, and sports. Newfield School employs a broad and balanced curriculum based on the Nigerian and British National Curriculums.
Read the full area guide for Magodo, Lagos.
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Disclaimer
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by Treasure Project Management Company. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
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Treasure Project Management Company
Blk 4 Plot 7 Isheri Gra Ikeja Lagos State, Opic Channels Tv Ojodu Berger Lagos Nigeria, Lagos, Nigeria
0813 XXXX Show Phone
2348130473226
Registered 3 years ago
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